Indianapolis Indians profitable for 35th straight year
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
The minor-league professional baseball team continues to pull in fans and sponsors as Hoosiers seek affordable family entertainment.
Much rides on Bob Sanders' recovery, as Indianapolis Colts President Bill Polian's record as one of the NFL's top executives has taken two big hits.
The Pirates, the Major League parent club of the Indianapolis Indians, made nearly $29.4 million in 2007 and 2008, according
to team financial documents, years that were part of a streak of futility that has now reached 18 straight losing seasons.
There's a debate over which one of the city's professional sports teams delivers more bang for the buck in terms of economic impact.
Minor-league baseball team could be in line to register another $1 million profit thanks to improvements in sponsorship sales
and attendance.
Principals of a proposed independent minor league baseball team think the club could draw fans from several counties and the
new ballpark could become a destination.
State awards unclaimed shares of the minor league baseball team to bidders who offered as much as $27,505 for each share.
Die-hard Indianapolis Indians fans who bid on shares of the minor-league baseball team's stock will soon know if they
own a piece of the club.
The bidding for eight shares with unclaimed ownership will begin at $25,000 each. Shares in the team rarely come up
for sale.
The Indianapolis Indians recently signed a deal with WXLW-950 AM to continue their radio partnership for the 2010 season
as all Tribe regular-season and postseason games will again be broadcast live on the local station.
A full season of televised games will give franchise a platform to promote attendance at Victory Field.
With 75 percent of its sponsorship deals expiring at the end of last season, there were lots of reasons for the Indianapolis Indians to panic. Instead, the team invested big bucks in Victory Field and had faith its sales staff would come through in the clutch.
Concession-stand items for $1 started drawing crowds a few years ago to what had been a slow night at Victory Field.
Indianapolis Indians turn traditionally slow night into big money-maker by cutting profit margin at concession stand.
There’s more than free shots of whiskey at the annual winter baseball meetings held this week at the Indiana Convention Center.
There’s a song and dance man wearing nerd glasses and another who does amazing things with a saw and sander.
Indianapolis was up against Dallas, Las Vegas, Orlando, Atlanta and New Orleans to host baseball’s Winter
Meetings, which
will draw more than 200 media members from the nation’s top 30 markets.
Team profits declined from $1.23 million in 2008 to $459,603 this year. Despite
that, the team’s board voted unanimously to pay a dividend.
Ten years ago, the Indiana Pacers sold out their 69 Conseco Fieldhouse suites and the Indianapolis Motor Speedway
barely touched a phone to sell its 120 luxury boxes. But entertaining at luxury suites is out of vogue
now, thanks to the recession and companies keeping a closer eye on spending.
The Tribe attracted 549,552 fans (8,202 per game) to Victory Field this season—its third-best average
since 2001.
Members of the Indianapolis Capital Improvement Board this afternoon passed a $63 million budget for 2010 that hinges on the
City-County Council’s approval of a hike in the local hotel tax.